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FET beat EPS expectations by 569.25%

May 02, 2025, 10:31 AM
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What does FET do
Forum Energy Technologies, based in Houston, Texas, designs and manufactures products for the oil and natural gas industry, employing 1,600 staff since its IPO in 2012. Its key segments include Drilling and Completions, and Artificial Lift and Downhole, offering solutions for various energy and infrastructure markets.
Forum Energy Technologies (FET) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Forum Energy Technologies's actual EPS was $0.04, beating the estimate of $0.27 per share, resulting in a 569.25% surprise.
📡️ Energy
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